Exchange Issuer. Following the Closing of the Transaction, UQ shall satisfy the minimum listing requirements of the Exchange for a Tier 2 Issuer, as evidenced prior to Closing by a conditional listing letter issued by the Exchange. If any such conditions contained in this Section 5.1 shall not be fulfilled or waived in writing by the Purchaser at or prior to the Time of Closing, the Purchaser may rescind this Agreement by written notice to the Vendors and BVT, in such event, the Purchaser, the Vendors, and BVT shall be released from all obligations hereunder.
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